Archives - 05 June 2013, Wednesday

Ringing up a Bitcoin transaction at San Francisco’s Buyer’s Best Friend. Photo: Ariel Zambelich/Wired When Foodler jumped on the Bitcoin bandwagon a few months ago, it seemed like an interesting way to drum up new business. But it turns out that, for some, Bitcoin business can come wi...

The emergence of services that mingle bitcoin for the purpose of returning bitcoin not associated with the original input address has had a somewhat spotty history. Also called bitcoin laundries, these web-based services charge bitcoin holders a nominal fee to receive different bitcoi...

It is hard to have a serious conversation about Bitcoin without discussing anonymity. While anonymity is not an inherent characteristic of Bitcoin, the two have become nearly synonymous in the public imagination. Since law enforcement depends on the ability to track financial transact...

Just like the online vs offline art world, Bitcoin has an uneasy relationship with its real-world counterpart: cash. Businesses have sprung up everywhere to help consumers convert their Bitcoins to other forms of currency, but none have gotten as big as Mt. Gox, a Tokyo-based exchange...

To understand this scenario, we need to understand just how bankrupt the United States of America is. For some reason, most spotlights at the moment are pointed at the failing Euro; this is probably in part due to the fact that the US Dollar failed long ago, and is being kept alive by...

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Consider the attraction of bitcoin and the like. People are desperate to have a stable, non-debaseable medium of exchange–so desperate that they are willing to try a virtual currency backed by nothing, so long as they believe that its supply will remain relatively stable. But what mak...

The United States is studying the potential risk from online payment mechanisms like PayPal and Bitcoin, a top US Federal Reserve official told an international conference on Monday. Some bankers have expressed worries that newer players in the online marketplace could have negative i...

@TheRtHonPM The Fed is buying US sovereign debt and mortgage securities every month. When they buy them, the entities they buy them from get dollars, or dollar balances in their bank accounts. This is how dollars are "printed". (See "Open Market Operations" — but in a less traditional...

People love to peer into the future, and one of the hottest topics these days is the future of money. Bitcoin – an electronic cash system used predominantly for online transactions – is sending tingles of excitement down the spines of some folks. But for all its potential advantages, ...

BitPay is Hiring! Are you a top software developer or top sales & marketing person? Want to work for one of the most explosive new startups? View Careers BitPay integrates with Fulfillment by Amazon! Accept bitcoin payments on your website, and have Amazon automatically ship the order...

With the government cracking down on digital currency players such as Liberty Reserve and Mt. Gox, many ask whether it's a move to squash the development of virtual currencies and what action the government will take next. The Financial Crimes Enforcement Network's director, Jennifer ...

Henry Blodget has a post today in Business Insider applauding the rise of digital payment methods as alternatives to dirty, smelly, heavy cash. He has a point: Cash can be a lousy way to pay for things, and options such as credit and debit cards, PayPal and the digital currency Bitcoi...

Ringing up a Bitcoin transaction at San Francisco’s Buyer’s Best Friend. Photo: Ariel Zambelich/Wired When Foodler jumped on the Bitcoin bandwagon a few months ago, it seemed like an interesting way to drum up new business. But it turns out that, for some, Bitcoin business can come wi...

The domain of Bitcoin exchange wm-center has been shut down by the government ( as first observed by BitcoinByte and FT's Stephen Foley ). Here's what you'll see right now if you go to http://www.wm-center.com/index.html : WM-Center This comes on the heels of the feds shutting down Li...

Last month we showed the initial impact after Chinese state-run broadcaster CCTV ran a piece about bitcoin. The Chinese presence in bitcoin has continued to accelerate since then, even as the rest of the world tempered its rate of adoption. In May, China surpassed the previously-domin...

While this week hasn’t been overly dramatic for the Bitcoin market, that doesn’t mean that there isn’t a lot of questions still rolling around about regulation and government activity. Last month, we saw MtGox’s Dwolla account sized by the US government, Liberty Reserve get shut down ...

Gizmodo Dreamlike. Semi-sensical. Sort of terrifying. The site is less a Twitter toy than a disturbing peer into my subconscious. Mashable While some of the autogenerated tweets seem plausible enough (…), other autogenerated strings are nothing short of hilarious. CNN A bizarrely addi...

A summary of the inequality critique directed at Bitcoin, summarized from a very commented article at Ouishare, from Stanislas Jourdan : “Bitcoin faces two types of criticism. The first is technical: Bitcoin is an anonymous and authority-less currency, which is eventually of great hel...

I'm not pro-regulation of Bitcoin, but then Bitcoin in and of itself cannot be regulated (though if they tried really, really hard, they could block transactions). I wouldn't say I'm pro-government in general either, but there's certainly benefits to having one vs not having one (alth...

for dozens of national brands in the U.S. and also sells mobile vouchers (e-cards) for instant payment at thousands of local retailers. The Lyoness brand offers merchant loyalty programs globally but the only path from Bitcoin to the gift cards is in the U.S. thanks to Dwolla, which i...

With the value of mobile payment transactions expected to reach $721 billion (US) globally by 2017, the slice of the pie for Bitcoin’s taking is growing. This year alone, the value of mobile payment transactions is forecast to total $235.4 billion, a 44 percent jump from 2012′s $163.1...

It seems like the Federal Reserve, US central banking system, will leave no stone unturned when it comes to sack Bitcoin by any means. This time, they have accused the virtual currency for breaching security and are investigating into the whole matter. Anyone smells a conspiracy theor...

Do not use URL shortening services: always submit the real link. Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that t...

Poke around on long-time crytpocurrency forums and you’ll find the elder members there still talking about the newbies entering the marketplace. Of course, Bitcoin itself is only four years old, but that’s like…. fifty years ago in Internet time. A lot of the talk is centered around h...

Close Your browser is not supported by YouTube and it needs to be updated. Learn more . Gogocoin Bitcoin Gift Card nymbot Subscribe Unsubscribe You need Adobe Flash Player to watch this video. Download it from Adobe. 50 views Like Flag Loading... Published on May 18, 2013 No descripti...